UBS Financial Services Asset Manager in Hartford, Connecticut
Do you have a strong investment focus? Are you a detailed-oriented multitasker? We're looking for someone like that to:
•\tDevelop, communicate and supervise operating strategy for assigned portfolio of properties with goal of maximizing total investment returns
•\tDemonstrate full command of all aspects of the asset ranging from physical, legal, and operational to market issues
•\tDevelop annual business plan, operating budget, and hold/sell strategy for each assigned asset
•\tFollowing thorough analysis of options, direct, negotiate and approve (or recommend as delegation of authority allows) property level transactions to include leasing decisions, marketing strategy and capital improvements
•\tDirect lease negotiations
•\tSupervise and direct the performance of property management firms, leasing companies, and 3rd party vendors such as legal and engineering support
•\tEnsure accuracy of invoices relating to capital, legal, leasing commissions and other 3rd party contracts
•\tSupervise the preparation and accuracy of reports including Hold/Sells, Five Quarter Forecasts, and Property Summaries
•\tNegotiate, interpret, and implement management agreements, leasing agreements, partnership agreements, mortgage instruments, vendor contracts, etc.
•\tEvaluate property performance relative to competition and the objectives established in the annual operating plan (i.e. market repositioning, development of tenant retention programs, management of lease expirations, management of capital improvements)
•\tTravel to assigned properties, generally at least once per quarter
•\tReview monthly reporting packages, evaluate variances and trends in operating income and expenses, and communicate results with Portfolio Management
•\tParticipate in the acquisition process as the asset management team member
•\tAssist the sale unit in the marketing and disposition of targeted assets
•\tAggressively pursue ad valorem relief
•\tVerify and comment on property information for appraisers
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
Disclaimer / Policy Statements:
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
You'll be a member of the Hartford based Asset Management group.
Your experience and skills:
•\tStrong analytical skills
•\tEffective oral and written communication skills. Ability to present strategy, recommendations, and decisions in a well-reasoned, well documented manner
•\tTime management/organizational skills including ability to prioritize work in order to consistently meet deadlines
•\tTeam Building - ability to develop open, constructive relationships with others, including peers, property level personnel and clients
•\tPeople Management – ability to effectively manage internal and external resources
•\tStrong negotiation skills
•\tStrong financial analysis skills with an emphasis on accuracy and thoroughness
•\tEager to advocate change to achieve core objectives in most efficient and effective manner
•\tProficiency in Word and Excel and familiarity with Argus
•\tBA or MBA degree in Business or Real Estate desired
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
Job Reference #: 165782BR
Business Divisions: Asset Management
Title: Asset Manager
Job Type: Full Time
Country / State: United States - Connecticut
Function Category: Management and Business Support, Operations